UPDATE 3-Motorola Solutions' profit forecast falls short, shares slide
* Q3 Latin America sales fall 22 pct
* Company expects Q4 revenue to fall 6-8 pct
* Sees Q4 profit of $1.45-$1.50/shr vs. est $1.57
* Shares fall almost 9 pct (Adds details, analyst, executive comments, shares)
By Devika Krishna Kumar
Nov 4 (Reuters) - Motorola Solutions Inc, best known as a maker of walkie-talkies and radio systems, blamed weak sales in Latin America and a strong dollar for a profit forecast for the current quarter that fell far short of expectations.
Shares of the company - which is unrelated to cellphone and set-top box maker Motorola Mobility - dropped about 9 percent in early trading on Wednesday.
Motorola Solutions' sales have been slipping as major customers, which include police and fire departments as well as other government agencies, have been hit by budget cuts.
The Schaumburg, Illinois-based company, which also provides communication services to governments, businesses and public safety agencies, has faced particular problems in Latin America. Continuación...